Design Software Maker Also Adjusts Full-Year Financial Guidance

Synopsys Inc.'s fiscal third-quarter profit rose 26%, as higher revenue that more than offset an increase in operating expenses.

For the current quarter, the company said it expects per-share adjusted earnings of 59 cents-61 cents and revenue of $537 million-$547 million, below estimates of 63 cents per share and $547 million, respectively, from analysts polled by Thomson Reuters.